Providence Christian College

Analysis

Providence Christian College is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Providence Christian College reported income of $11.0m and spending of $10.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.6m to $11.0m (+3.9%), an average of +1.0% a year. The sharpest change came in the year to June 2020, when income dropped by 24%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Providence Christian College sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Baden Academy Charter School ($11.0m), Desert Heights Charter Schools ($11.0m) and Innovation Montessori Ocoee Inc ($11.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $402k (3.7% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $1.6m against liabilities of $1.0m, net assets of $562k. It reported 133 employees.